Former Zillow CEO, Spencer Rascoff: Leading Billion-Dollar Startups Through Crises

504.366 - 526.809 Spencer Rascoff

the beginnings of a company, I asked TPG if I could leave and help run it. And so I left with my co-founder, a guy named Carl Peterson. We both left TPG together to start Hotwire as sort of a spinoff of TPG, the private equity firm that we were both working at. That was in 1999. Things were going very well for the first two years. We raised $75 million from TPG and from the airlines.